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National market update

Existing-Home Sales Remain Soft in March

WASHINGTON (April 22, 2014) – Existing-home sales were essentially flat in March, while the growth in home prices moderated, according to the National Association of Realtors®. Sales gains in the Northeast and Midwest were offset by declines in the West and South.
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Vacation Home Sales Surge in 2013, Investment Property Declines

WASHINGTON (April 2, 2014) – Vacation home sales rose strongly in 2013, while investment purchases fell below the elevated levels seen in the previous two years, according to the National Association of Realtors®.
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National housing indicators

Existing home sales ()

4.59*

Existing home median price ()

$198,500

Housing Starts ()

946,000*

New home sales ()

National economic indicators

Home ownership

4th Qtr 2012

+65.4%

4rd Qtr 2013

+65.2%

The homeownership rate in the fourth quarter 2013 was 65.2 percent, down 0.2 (+/- 0.4)* percentage points from the fourth quarter 2012 rate of 65.4 percent. The homeownership rate in the Northeast was lower than its corresponding fourth quarter 2012 rate, while the rates in the Midwest, South, and West were not statistically different from the rates a year ago.

New home sales

February 2014

-4.5%

March 2014

-14.5%

Sales of new single-family houses in March 2014 were at a seasonally adjusted annual rate of 384,000. This is 14.5 percent (+/- 12.9%) below the revised February 2014 estimate of 449,000.

Source: U.S. CENSUS BUREAU

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Regional market updates

View market statistics for your region.

Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.

Jennifer Weaver

Disclaimer: The views, opinions, statements and/or ideas expressed in this Message Section do not reflect the ideas, policy, position, views or opinion of Move,Inc.

Consumer tips & hot properties

9-Step Guide to Open Houses

Before you can open your doors to the rush of potential offers, you’ll have to prep your home. A walk-through with your REALTOR® is a great first step toward getting your home ready to show.Read more

8 Things to Avoid Before You Buy a Home

If you have been approved for a mortgage for your next home, you might be assuming you can breathe easy now and just concentrate on packing and preparing for your move. Not yet.
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6 Most Cost-Effective Ways to Spend Your Tax Refund on Your Home

If you happen to get a tax refund check from your state government or Uncle Sam, you have a great opportunity to invest it in home improvements and increase the equity in your home.
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Will the Home You’re Buying Have Good Resale Value?

If you happen to get a tax refund check from your state government or Uncle Sam, you have a great opportunity to invest it in home improvements and increase the equity in your home.
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What Contingency Should Your Home Purchase Offer Have?

You’re looking for homes and find one that really piques your interest, except it has a "contingent offer” status. As you keep browsing, you notice a lot of properties do. What’s a contingent offer? Should your offer have one?
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Housing Trends eNewsletter is filled with U.S. Census Bureau key market indicators, consumer videos, blogs, a real estate glossary, mortgage rates and calculators, consumer articles, real estate radio, realtor.com® local community reports and local and national real estate sales and price activity provided by local MLSs and the National Association of REALTORS®.

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